As you see, BTC keeps making lower highs, indicating a dip is inevitable. Red TD and RVGI crossing over at the top indicates a downtrend for next many hours.
Support at 6880 is holding strong for now, however hidden bearish divergences in 2h timeframe indicates that the support will be broken.
Target: 6750-6650
If 6430 support is broken, then doors of hell open.
Support at 6880 is holding strong for now, however hidden bearish divergences in 2h timeframe indicates that the support will be broken.
Target: 6750-6650
If 6430 support is broken, then doors of hell open.
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.